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Power BI Executive Dashboard: Actionable Insights for Leaders

Sunflower Lab

They become the clear and transparent view for your business, allowing the analysis of the state of affairs from different perspectives and with the aid of various indicators. Its adaptability enables smooth integration with different data sources, interactive displays, and thorough data analytics.

Metrics 52
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RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

In the hospitality industry, choosing the right metrics and carefully tracking them can help you as the hotelier or hotel manager to understand how your hotel is performing, compare it with your competitors, and possibly find the weak points and opportunities for improvement. Occupancy rate, ADR, and ALOS: basic operational metrics.

Hotels 64
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Hotel Revenue Management: Solutions, Best Practices, Revenue Manager’s Role

Altexsoft

A hotel jam-packed with people isn’t always a profitable hotel. The hallmark of a successful hospitality business is the revenue. Hotels employ various revenue management techniques and strategies aimed at increasing the bottom line. Compared to airlines, revenue management in hotels evolves slowly. rooms) sold.

Hotels 66
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Occupancy Rate Prediction: Building an ML Module to Analyze One of the Main Hospitality KPIs

Altexsoft

The occupancy rate is a key indicator of the historical, current, and looking-forward performance of a hotel or vacation rental business. The occupancy rate in hospitality is the share of occupied hotel rooms or vacation rental units at a given time. Overall, average hotel occupancy rates range between 65 and 80 percent.

Hotels 52